PortfoliosLab logoPortfoliosLab logo
APPX vs. LITX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

APPX vs. LITX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long APP Daily ETF (APPX) and Tradr 2X Long LITE Daily ETF (LITX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

APPX vs. LITX - Yearly Performance Comparison


Returns By Period


APPX

1D
13.92%
1M
-20.38%
YTD
-74.21%
6M
-79.95%
1Y
3Y*
5Y*
10Y*

LITX

1D
14.03%
1M
-14.23%
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


APPX vs. LITX - Expense Ratio Comparison

APPX has a 1.30% expense ratio, which is lower than LITX's 1.49% expense ratio.


Return for Risk

APPX vs. LITX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long APP Daily ETF (APPX) and Tradr 2X Long LITE Daily ETF (LITX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

APPX vs. LITX - Sharpe Ratio Comparison


Loading graphics...

Sharpe Ratios by Period


APPXLITXDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

0.08

205.09

-205.01

Correlation

The correlation between APPX and LITX is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

APPX vs. LITX - Dividend Comparison

APPX's dividend yield for the trailing twelve months is around 36.38%, while LITX has not paid dividends to shareholders.


Drawdowns

APPX vs. LITX - Drawdown Comparison

The maximum APPX drawdown since its inception was -82.40%, which is greater than LITX's maximum drawdown of -51.46%. Use the drawdown chart below to compare losses from any high point for APPX and LITX.


Loading graphics...

Drawdown Indicators


APPXLITXDifference

Max Drawdown

Largest peak-to-trough decline

-82.40%

-51.46%

-30.94%

Current Drawdown

Current decline from peak

-79.95%

-30.67%

-49.28%

Average Drawdown

Average peak-to-trough decline

-30.59%

-15.30%

-15.29%

Volatility

APPX vs. LITX - Volatility Comparison


Loading graphics...

Volatility by Period


APPXLITXDifference

Volatility (1Y)

Calculated over the trailing 1-year period

142.56%

206.61%

-64.05%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

142.56%

206.61%

-64.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

142.56%

206.61%

-64.05%